John Schmitt

Economist, formerly EPI, CEPR (DC), WCEG, and CEP (LSE).

John Schmitt boosted:
President Joe Biden Archivedpotus46archive@threads.net
2024-07-29

It's been 60 years since President Johnson signed the Civil Rights Act of 1964 and brought us closer to fulfilling our founding promise – that we’re all created equal and deserve equal treatment.

I look forward to commemorating that legacy today at the LBJ Presidential Library.

John Schmitt boosted:
2024-06-27

California Is Showing How a Big State Can Power Itself Without Fossil Fuels | The New Yorker newyorker.com/news/daily-comme “Beginning in early March, for some portion of almost every day, a combination of #solar, #wind, #geothermal, and hydropower has been producing more than a hundred per cent of the state’s demand for electricity. Some afternoons, solar panels alone have produced more power than the state uses. And, at night … batteries .. are often the single largest source of supply to the grid”

John Schmitt boosted:
2024-06-25

At Thursday's debate, Trump MUST ANSWER whether he intends to restrict or ban abortion pills

He was asked about this in an interview w/Time Magazine on April 12

Trump refused to answer but promised to release a statement within 14 days

It has been 75 days

Trump still has not answered

Trump's campaign says he doesn't need to state his position on regulating abortion pills because the issue has been resolved by the Supreme Court

THIS IS ABSOLUTELY FALSE

cc: @jaketapper

https://popular.info/p/one-question-trump-must-be-asked

John Schmitt boosted:
kottke.orgkottke
2024-06-15

The kids who were 1st graders when 20 of their classmates were murdered in Newtown, CT are graduating from high school. “There is a whole chunk of our class missing.” More than 4200 mass shootings in the US since then, several of them at schools. bbc.com/news/articles/cg33zqd5

John Schmittjts
2024-06-12

US State "Governors Need to Do More to Protect Their Low-Income Residents from Climate Change Especially in the South"

New from CEPR's Algernon Austin.

cepr.net/extreme-weather-2/

# economics

Bar chart shows that 24 percent of adults in the US South reported being financially harmed by a natural disaster or severe weather in 2023 — a rate significantly higher than in other US regions.
John Schmittjts
2024-06-11

The Southern economic model fails Southern workers and their families: 7 of the 10 states with the lowest employment rates for 25-54 year olds (the population most tied to the labor market) are in the South.

See the latest Economic Policy Institute report by Chandra Childers.

epi.org/publication/rooted-rac

Description of the chart from the report:  The figure "shows the 10 states with the smallest shares of their prime-age population employed. Seven of these states are in the South, and all have lower employment rates than the national rate. In West Virginia, Mississippi, Alabama, and Louisiana, along with the Western state of New Mexico, more than one in every four prime-age residents are without a job. This means that the economy created with the Southern economic development model has left many Southerners out of the labor market either because they can’t find a job or because they face barriers to pursuing employment."
John Schmitt boosted:
Philip N Cohenphilipncohen
2024-06-10

Male Trump supporters most likely (56%) to say falling birth rate is a bad thing pewresearch.org/politics/2024/

John Schmitt boosted:
2024-05-16

Happy Birthday to Jonathan Michael Richman, songwriter, guitarist and founder of the influential proto-punk band Modern Lovers, born on this day in 1951, Natick, Massachusetts, US

Photo by Jeff Albertson

#protopunk #JonathanRichman #ModernLovers #history #punkrockhistory #otd

John Schmittjts
2024-05-13

"Tight labor markets are essential to reducing racial disparities -- and within the purview of the Fed’s dual mandate" by Economic Policy Institute economist Valerie Wilson

epi.org/blog/labor-markets-rac

Line chart showing the national, Black, and white (monthly) unemployment rates for 1972-2023

Description from text: "Between 1972 and 2019, the Black unemployment rate had never fallen below 6% until a brief 6 months in 2019, just months before the pandemic-triggered recession in the first half of 2020. In the subsequent economic recovery, the Black unemployment rate dipped below 6% again in April 2022, and has averaged 5.7% between April 2022 and July 2023. Since 2019, the Black-white unemployment rate gap (percentage point difference between Black and white unemployment rates) has also reached historic lows."

Source: U.S. Bureau of Labor Statistics, Current Population Survey, Monthly Unemployed Rate by Race and Ethnicity data series LNS14000000, LNS14000003 and LNS14000006, retrieved from FRED by the Economic Policy Institute
John Schmittjts
2024-05-02

Maps of union membership levels, changes, shares, and composition across the US states.

Via Hayley Brown and Emma Curchin, Center for Economic and Policy Research

cepr.net/states-of-the-unions-

Map of the 50 US states: 
"Union Membership Varies Heavily By State" 
Shows Union Membership, Percent of Employees, 2023

Data downloadable.

Map: Hayley Brown and Emma Curchin
Source: Bureau of Labor Statistics, 2023
John Schmittjts
2024-05-02

"In the past 2.5 years, more than 60 groups of student workers have filed petitions for representation elections...Notably, student workers have won every single election that has been held, and student workers have voted by overwhelming margins to unionize. On average, a whopping 91.3% of student workers have voted in favor of forming a union during their elections."

-Lynn Rhinehart and Margaret Poydock, Economic Policy Institute

epi.org/blog/the-inspiring-wav

Simple table showing "Student workers overwhelming vote in favor of forming unions" 

Average “yes” vote rate of student worker elections, 2022-2024

2022 93.5% 
2023 91.2%
2024  89.4% 
Overall 91.3%

 Source: As of May 1, 2024. Data is compiled from the NLRB's advanced data search function. Data only include elections with completed tallied votes. Economic Policy Institute
John Schmittjts
2024-05-02

"Building Worker Power as Anti-Monopoly: The Next Phase of the Modern Antitrust Agenda"

Friday, May 10 / 1pm - 4pm EDT

Register here:

eventbrite.com/e/building-work

Poster announcing "Building Worker Power as Anti Monopoly: The Next Phase of the Modern Antitrust Agenda" 
FRIDAY, MAY 10 1:00 P.M.-4:00 PM
KIMMEL CENTER, ROOM 802 SHORIN 
NYU Wagner Labor Initiative
Text reads: "In recent years, federal and state antitrust enforcers have challenged corporate lawbreakers with renewed vigor, while a revitalized labor movement has sought to improve working conditions and build power for workers. This conversation will address the following questions and more: What does the next phase of the modern antitrust reform agenda look like, in relation to labor issues? How might reformers fashion a vision of anti-monopoly that challenges the worst forms of corporate power, while also addressing the disparity between corporate and worker power in the process? What legal and policy levers can be used to further the needs of working people today? What is the role for state policymakers and enforcers in relation to these matters?"
KEYNOTE SPEAKER: Alvaro Bedoya, Commissioner, Federal Trade Commission
SPEAKERS: Sandeep Vaheesan, Brian Callaci, Hiba Hafiz, Suresh Naidu, Amanda Lewis, David Seligman, Josh Bivens, Laura Padin,
John Schmittjts
2024-05-02

The Economic Policy Institute's Lynn Rhinehart, Celine McNicholas, and Margaret Poydock review the recent history of the US National Labor Relations Board.

The "Biden administration has supported workers’ rights to form unions and engage in collective bargaining, standing in stark contrast to the Trump administration’s anti-worker record."

epi.org/publication/bidens-nlr

Bar chart showing funding for the National Labor Relations Board, fiscal years 2014-2025, non-inflation adjusted

From the text: "The agency has been essentially flat funded for years, meaning that the funding level hasn’t changed over time, which represents a real-dollar decrease given increases in inflation.

Source: National Labor Relations Board, Performance Budget Justification reports, fiscal years 2008— 2025, downloadable from https://www.nlrb.gov/resources/performance-budget-justification, accessed March 25, 2024.
John Schmittjts
2024-05-01

The United Auto Workers aligned their recent contracts with US automakers to all expire on April 30, 2028--to be prepared to strike the next day on May Day.

UAW President Shawn Fain says they did this "not as a symbolic gesture, but as a rallying cry. We’ve asked other unions to join us in setting their contract expiration dates to May Day 2028 in hopes the labor movement can collectively aspire to building the power needed to change the world."

inthesetimes.com/article/may-d

John Schmitt boosted:
2024-04-26

Daimler Truck Workers in North Carolina Are Poised to Strike

A walkout by employees who make Freightliner trucks and Thomas Built buses would expand the U.A.W.’s campaigns in the South.
nytimes.com/2024/04/26/busines

John Schmitt boosted:
amy tech (bones)amy@spookygirl.boo
2024-04-26

Boost if you still remember how to use these 😭

A room full of card catalogs captioned with "awww, my first search engine."
John Schmitt boosted:
Robert Reichrbreich@masto.ai
2024-04-26

So far this week...

The FTC banned the use of noncompete clauses.

The DOL strengthened overtime rules.

The FCC restored #NetNeutrality.

The DOT expanded protections for airline passengers.

This is what it looks like when the government works on behalf of the people.

John Schmittjts
2024-04-25

@GottaLaff

As George Carlin asked: "Can God make a rock so big that he himself can't lift it?"

youtube.com/watch?v=thEy0ZtNe8s

John Schmitt boosted:
Randahl Finkrandahl
2024-04-23

Wow!!

How many young voters, do you think will vote Republican after being reminded what they stand for with this ad?

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